U.S. opens criminal investigation into Panama Papers over tax avoidance claims


#1

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#2

Tax avoidance =/= tax evasion.


#3

Only the poor and middle class in the USAint pay taxes. Yes, I meant to put USAint there.


#4

You can’t hold a criminal investigation over tax avoidance. Because tax avoidance is by definition legal. If it’s illegal, then it’s tax evasion.


#5

Just cause it’s legal doesn’t make it right. But then the 1% don’t seem to have morals anyhow so they don’t know any better.


#6

Do you deduct your mortgage interest? That’s tax avoidance. Is it wrong?

*Does not apply if you pay rent, or are not a US resident.


#7

Maybe now the ICIJ will stop being gatekeeping arseholes with that data?


#8

Don’t have a mortgage, but I see what you are getting at. Now if I tried the stuff the 1% uses to avoid taxes, I would be chucked in jail mainly due to me not being rich.


#9

I imagine they’re investigating to see if the line was crossed into evasion.


#10

Well, we know what the outcome will be, regardless. If it turns out to have been tax evasion, amazingly, just before the investigation officially submits its findings, a law will be passed that will make it just plain old tax avoidance instead–grandfathered, of course. It’ll probably even get fast-tracked through Congress as a stand-alone bill, with no riders, especially if they can keep Elizabeth Warren and Bernie Sanders away from it.


#11

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